it set a more effective tax system. it reduced tax uncertainty going forward. i think we could have a booming environment. i may be wrong. that's my own personal belief. if we have a grand bargain, americans take off. the rest of the world needs us to be strong. europe still has its issues and it will for a couple of years. so i think it's important that america kind of take the lead here. i'm hoping in congress, that's what they do. >> what does your gut tell you about all of this money moving into stocks recently? we had a fantastic year in 2013. do you think this is sustainable? >> yeah, the economy grows, it's sustainable. and i think buy american company is pretty good prices. these are world class companies. not just america, european and japanese and chinese companies, but you are still buying them at fairly good prices. the return is not that good. i'm comfortable owning stocks right now. >> my thanks to jamie dimon. >>> the state of business, the state of investors and the state of europe is all part of the conversation here at davos this week. this ci